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    1 Bedroom Condo for sale at Grand Avenue Residence
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    $107,000 $114,000
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    1 Bedroom Condo for sale at Grand Avenue Residence
    (1 Review)
    Unit ID: U1629692
    6% Rental Yield
    Nong Prue, Pattaya, Chon Buri
    $107,000 $114,000
    1 Bedroom
    1
    Bathroom
    498 Sqft
    Size
    2
    Floor
    Jun 2018
    Completed
    8
    Sale Price
    $107,000
    $114,000

    About This Condo

    This property is a 498 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Jun 2018. You can buy this condo for a base price of $107,000 ($216/Sqft).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Mar 28, 2024
    Updated 7 months ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 498 Sqft
    Price per Sqft $216
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

    Thai Quota, Company
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) City View
    Unit Type 1BR
    Building N/A
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    $67/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1629692

    Investment Opportunity: Charges & Yield

    Sale Price
    $107,000
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    $67/mo
    Price-to-Rent Ratio
    The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
    16
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Grand Avenue Residence, and the current sales price.
    6%

    Project Details

    Project Name: Grand Avenue Residence
    Developer: Nova Group
    Construction: Completed (Jun 2018)
    Floors: 8
    Buildings: 6
    Units: 788
    Project Area: 189,445 Sqft
    Nearest Landmark Central Pattaya Beach - 0.6 Km
    Location: Nong Prue, Pattaya
    Grand Avenue Residence Project Details

    Project Features

    Hotel Managed Hotel Managed
    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Spa Spa
    Steam Room Steam Room
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Yoga Area Yoga Area
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at Grand Avenue Residence

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      1st Floor
    • Communal Gym
      1st Floor
    • Sauna
      1st Floor
    • Steam Room
      1st Floor

    Available Units at Grand Avenue Residence

    For Sale 7 For Rent 4
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Grand Avenue Residence
    View All (7)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    1st Installment
    Deposit
    $2,900
    2nd Installment
    30 days after contract signing
    100%

    Frequently Asked Questions

    No pets are allowed at Grand Avenue Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $67 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Grand Avenue Residence the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Central Pattaya Beach is the nearest Beach from Grand Avenue Residence and it is 0.6 km away.

    Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

    In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

    This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

     

    Read more here

    After you have found the right property at Grand Avenue Residence you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Installment Milestone Payment
    1st Installment
    Deposit
    $2,900
    2nd Installment
    30 days after contract signing
    100%

    Read more here

    Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

    Read more here

    Reviews

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    New Condominium
    Claes Warthen, Belgium, 5 years ago
    I have stayed here since the opening. The room is spacious in modern decoration. More importantly, the project is near shopping centers, restaurants; you can walk to Avenue Shopping Mall within 800 meters. If you like nightlife such as pubs and bars, there is also Walking Street, a famous place in Pattaya that is about 1 kilometer away. You can get there by motorcycle taxi, or walk if you are not lazy. I like the atmosphere of the sea and nature, so I wake up early to Pattaya Beach for sunbathing and swimming. If I remember correctly, I think the condo has a shuttle bus service that takes you from the property to Pattaya beach. Make it more convenient for me as I go there every day. On rainy days, I always use the facilities such as the swimming pool, fitness, sauna, yoga area, and my favorite spot is staying in a game room instead of going to the beach. The service here is alright, but not excellent. It might be because there are too many rooms which make it difficult to take care of all the residents, but that's not a problem for me. The room price is reasonable. If I have a chance to come back, I will stay here again for sure.
    Pattaya
    Nong Prue

    Neighborhood Overview

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